February 4, 2026
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DP World’s Vallarpadam Terminal braces up for competition as Vizhinjam set to give tough times ahead

October 16, 2023 Ports, Company, Container Terminal, Export - Import, Logistics, Trending News
KOCHI : DP World Ltd-run international container transhipment terminal (ICTT) at Vallarpadam in Cochin Port is bracing up for competition as a new deep water and better located facility with flexibility to levy competitive

US-Based inDrive launches freight services in Delhi NCR, Mumbai, Lucknow

October 16, 2023 Logistics, Business, Company, Trade, Trending News
NEW DELHI : inDrive’s freight segment offers same-day and on-demand transport service to small businesses inDrive aims to digitise the delivery sector and is particularly targeting drivers who still accept orders in a traditional

Adani group to take over Mangaluru International Airport

October 14, 2023 Aviation, Company, Trade, Trending News
MANGALURU : The Adani Airport Holdings Limited, which took over the Mangaluru International Airport (MIA) on joint management for three years, will complete its term this month. After that, Adani Group will completely take

Nokia’s Chennai plant exports 50% of production

October 14, 2023 EXPORT, Business, Company, Technology, Trade, Trending News
CHENNAI : Nokia’s Chennai manufacturing facility exports 50 per cent of the production and has so far manufactured seven million telecom units, the company said in a media statement Thursday. The 15-year old factory in Chennai is

Ong Kim Pong appoints as the new CEO of PSA

October 13, 2023 International Shipping, Company, Maritime, Ports, Trending News
SINGAPORE : PSA International is getting a new Chief Executive Officer next year with the appointment of Ong Kim Pong. In line with succession plans, Ong Kim Pong currently the regional CEO of Southeast

DP World raises $1.5 billion for decarbonization

October 13, 2023 Maritime, Company, Ports, Trade, Trending News
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing ownership and profit-sharing in asset-backed, Sharia-compliant

Two Railway Companies-IRCON International Ltd. and RITES Ltd have been granted “Navratna” status

October 13, 2023 Railway, Company, Trade, Trending News
NEW DELHI : IRCON International Ltd. and RITES Ltd. informed the exhcanges on Thursday, October 12, that they have been granted the “Navratna” status by the Government of India. As a “Navratna” company, a

John-Kaare Aune to leave the Wallem Group, John Rowley appointed as next CEO

October 13, 2023 International Shipping, Company, Maritime, Trade, Trending News
HONG KONG : The Board of Directors of Wallem Group on Thursday announced that John-Kaare Aune will be stepping aside as Wallem Group’s CEO and after a period of transition will leave in January

Fastro Lifting System Nominated for Heavy Lift Awards

October 13, 2023 International Shipping, Company, Logistics, Trending News
DE GROON ( THE NETHERLAND) : Fastro’s modular and ergonomic lifting system has been nominated for the HLPFI Heavy Lift Awards. The patented Fastro system introduces a new technique in heavy lift operations for

Israel conflict : Adani Ports says monitoring Haifa port situation

October 10, 2023 Ports, Company, Trade, Trending News
HAIFA : The stock price of Adani Ports was down 5 percent after the day’s closing on October 9 over mounting concern for the fate of the Haifa Port, which the Gautam Adani-led Company controls in northern Israel
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